Was today the start of a rebound in bank stocks? “At current valuations, we believe the...

|By:, SA News Editor

Was today the start of a rebound in bank stocks? “At current valuations, we believe the risk of not owning U.S. bank stocks is greater than owning them,” Barclays says in its 2012 outlook. Credit Suisse also likes the big banks, and believes the industry can “generate respectable returns and continue to return capital.” But we've been hearing about "cheap" bank stocks for at least a year.